City Capital Advisors completes recapitalization of The Edgewater Hotel

Chicago, Illinois – April 6, 2018 City Capital Advisors, a Chicago-based middle market investment bank, is pleased to announce that it acted as the exclusive financial advisor to The Edgewater Hotel in this recapitalization transaction.

About the Transaction

The Edgewater Hotel Company restructured its existing debt and equity on more favorable terms to the Company and its owners taking advantage of favorable market conditions including a favorable interest rate environment and outstanding financial results since its reopening in September 2014. Wintrust provided the debt capital associated with the transaction. The improved capital structure successfully positions The Edgewater for long term future growth and excellence in its market.

About The Edgewater Hotel

The Edgewater Hotel is a hotel property located in the heart of downtown Madison, Wisconsin. Located next door to the University of Wisconsin-Madison and within walking distance of the Capitol Square and downtown, The Edgewater serves as an iconic urban resort steps away from eclectic shops and Madison institutions that make the downtown scene so vibrant.

The hotel offers 202 rooms and the finest in luxury hotel services and amenities. Its legendary and breathtaking location on the water’s edge of Lake Mendota is visible from a large variety of viewpoints and venues throughout the hotel, including most of the elegant guest rooms.

It is the only hotel with a AAA Four Diamond Rating in Madison or Dane County and consistently ranks as one of the top hotels in the region. Most recently, it ranked as the #6 hotel in the Midwest in Condé Nast Traveler’s Readers’ Choice Awards.

Residents and guests alike gather for the year-round community events, the exceptional restaurants, world-class meetings and event facilities, memorable venues for weddings and celebrations and best-in-class spa and wellness facilities.

About City Capital Advisors

City Capital Advisors, a FINRA registered broker-dealer, is a results-oriented investment banking advisory firm. Each of City Capital’s Managing Directors has more than 20 years of investment banking experience, offering clients the judgment and transaction management expertise honed from successfully executing more than $60 billion of collective merger and capital market transactions. Client engagements are managed exclusively by experienced senior investment bankers, allowing business owners to capture maximum value for their companies and to exceed shareholder objectives.